Roosevelt Park’s pension fund is about 73 percent funded, and if the burden were divided equally, each citizen would have to contribute $298 to fully fund it.

Roosevelt Park had $5,808,998 in revenue in 2009 and $5,945,963 in expenditures. The Downtown Development Authority and the major streets fund both exceeded their revenue, but all other funds spent the same amount or less than they took in.

Revenue fell to $5,207,404 in 2010, with most of the decrease in the major streets fund, which can receive federal and state grants. Expenditures fell to $4,817,009, with the largest decrease also in major streets.

Expenditures increased from 2009 to 2010 in the following categories: public safety, recreation and culture, administration and debt service.

Expenditures decreased in these categories: public works, streets, sewers, water, DDA and Roosevelt Park Day. All sources of revenue decreased, except for fines and gas taxes.

Debt in the DDA, water and sewer funds decreased from $2,215,000 in 2009 to $2,080,000 in 2010.

“Debt reduction is a result of paying down the outstanding debt, and the city is diligent in paying down the debt,” City Manager Anthony Chandler said.

Pension assets increased by $30,238, but liabilities increased by $94,304, so the percentage of the pension fund that was covered slipped slightly from 73.1 percent to 72.2 percent. The city paid the amount assigned by the Municipal Employees Retirement System to cover current and future retirees, Chandler said.